 Financial markets in Asian somewhat stabilized despite the massive crash in the US overnight. Investors are awaiting the next development in global coronavirus pandemic. Governments are all preparing fiscal support to their respective economies. US will announce "very dramatic" actions on Tuesday, which include payroll tax cut and "very substantial relief" for industries hit by the coronavirus outbreak. Meanwhile, WTI crude oil is also back above 30 handle after exhaustive selloff. Technically, EUR/USD is still struggling to take out 1.1456 fibonacci resistance firmly. USD/CHF recovers after hitting 0.9185 projection level. USD/JPY is also recovering after above yesterday's low at 101.18. There is prospect of a bit more upside in Dollar today. Meanwhile, Yen should be in pull back as seen in EUR/JPY and GBP/JPY. We might see Yen bulls taking profits first, before positioning for next trades. In Asia, currently, Nikkei is down -0.14%. Hong Kong HSI is up 1.81%. China Shanghai SSE is up 0.62%. Singapore Strait Times is up 1.28%. Japan 10-year JGB yield is up 0.072 at -0.071. Overnight, DOW dropped -2013.76 pts or -7.79%. S&P 500 dropped -7.60%. NASDAQ dropped -7.29%. 10-year yield dropped to new record low at 0.398, then closed at 0.499, down -0.207. | 
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